BLOGS
Hypersonic respiratory jet technology was successfully
Hypersonic respiratory jet technology was successfully demonstrated by the Defense Research and Development Organization (DRDO) on Monday with a Flight Test of the Hypersonic Technology Demonstration Vehicle (HSTDV), which will lead in the future to the development of hypersonic missiles and cruise vehicles.
“This is a great technological advance in the country. These tests pave the way for the development of more critical hypersonic technologies, materials and vehicles. This places India in a select club of nations that have demonstrated this technology, ”
said DRDO President G. Satheesh Reddy.
- A test of the technology demonstrator was carried out in June 2019. “With this success, all critical technologies are now set to move on to the next phase,” Defense Minister Rajnath Singh said on Twitter.
- The HSTDV took off at 11:03 a.m. Monday from the Dr. APJ Abdul Kalam launch complex on Wheeler Island off the coast of Odisha.
“The hypersonic cruise vehicle was launched using a proven solid rocket motor, which took it to an altitude of 30 km, where the aerodynamic heat shields separated at hypersonic speed,”
the DRDO said in a press release.
- The hypersonic technology demonstration vehicle takes off[ the cruise vehicle separated from the launcher and the air intake opened as expected.
“Hypersonic combustion was maintained and the cruise vehicle continued on its desired flight path at six times the speed of sound, or nearly 2 km / s for more than 20 seconds,”
DRDO Said
“Important breakthrough”
- With the technology, cruise missiles could now travel at hypersonic speeds.
- The Scramjet engine is a breakthrough. Air enters the engine at supersonic speed and exits at hypersonic speeds.
- The vehicle reaches a certain altitude, then cruises and also reaches very high temperatures, up to 1000-2000 degrees Celsius, upon re-entry.
- After the anti satellite test, this is the biggest achievement recently.
- Critical events such as the fuel injection and self-ignition of the scramjet demonstrated technological maturity.
- The scramjet engine worked classically. It operated at high dynamic pressure and very high temperature.
- DRDO, with this mission, has demonstrated capabilities for a very complex technology that will serve as a cornerstone for next-generation hypersonic vehicles in partnership with the industry.
Monitoring
- The parameters of the launch and cruise vehicles, including the jet engine, were monitored by various tracking radars, electro-optical systems, and telemetry stations.
- A vessel has also been dispatched to the Bay of Bengal to monitor the performance during the cruise phase of the hypersonic vehicle.
- With this successful demonstration, many critical technologies such as the aerodynamic configuration of hypersonic maneuvers, the use of scramjet propulsion for ignition and sustained combustion with hypersonic flow, the thermostructural characterization of high temperature materials and the separation mechanism, at hypersonic speeds they have been validated, the DRDO told.
How to prepare for CLAT 2022
The Common Law Admission Test (CLAT) is an all-India entrance examination, conducted on rotation by 22 National Law Universities (NLU) for admission into their undergraduate and postgraduate programmes.
CLAT 2022 Exam Pattern
- There are five broad areas in the exam. English language section covers 28-32 questions, or about 20% of the paper, Current Affairs, including General Knowledge, has 35-39 questions, or about 25% of the paper weight.
- While the legal reasoning section covers 35-39 questions, which is approximately 25% of the paper, and the logical reasoning section contains 28-32 questions, which is approximately 20% of the paper. Quantitative techniques include 13-17 questions, or about 10% of the exam.
- Taking into account the changes introduced by the CLAT in the last two years, some candidates may mistakenly interpret the reduction in the number of questions from 200 to 150 as totally in their favor.
- Looking at last year’s trend, the exam is going to be long with a series of paragraph based questions in almost all 5 sections. Even GK questions would require the candidate to read a paragraph before arriving at an answer.
- This change may be based on the job profile applicants would get after passing law school. Therefore, this exam requires a good combination of speed and accuracy.
- Answering 150 questions in 120 minutes with a negative mark of 0.25 points for each wrong answer becomes very difficult. This test is definitely about making informed decisions instead of wild guesses.
- According to the sample paper published by the CLAT authorities, the English section may be full of passages with many critical questions based on reasoning. So you have to practice at least 2-3 passages a day and work a lot on hypotheses, inferences, conclusion type questions.
- These are clearly skill-based questions and applicants need to practice a lot of questions to achieve a good level of accuracy.
- General knowledge and current affairs can only be adequately covered if the student has spent time with newspapers and magazines. GK capsules and ppts on current events are really helpful for students and keep their interest in this particular area during preparation.
- This section can especially help students to collect a lot of grades in a very short time. If one knows an answer, it is only the tension of a muscle necessary to mark the correct answer. So be thorough with current issues from the last six months at least and check out some static GKs as well.
- The quantitative techniques section is relatively easier and it may not be too difficult to answer all 15 or 16 questions correctly. It is the legal reasoning and logical reasoning sections that require extensive preparation, as these are relatively new areas for most students.
- The Legal Reasoning section is expected to contain facts and principles integrated into a single passage. Be thorough with constitutional laws, legal maxims, contracts, non-contractual responsibilities, etc. it may require hard work.
- For logical reasoning, you must go through questions based on critical reasoning, arrangements, riddles, blood relations, syllogism, analogies, series, encoding-decoding, cause and action, etc. It takes a lot of practice to develop the ability to solve these types. of questions
Preparation tips for CLAT 2022
- There are five main areas on the exam. Here, time management becomes the most crucial element. When you practice a mock test, check your improvement on the results of the tests you take and take corrective action. Learn from your mistakes and keep dispelling your doubts.
- All applicants are in the same boat, so there is no need to rejoice if the role is easy and no need to be sad if the role is difficult. The cutoffs are greater if the paper is hard and vice versa. So another rule of thumb is to have no preconceived ideas.
- The Quantitative Techniques section can turn out to be a blessing in disguise, because with basic mathematical knowledge, one can easily attempt all 13-17 questions and pass them all.
- Answer questions that you are sure of and leave questions that are beyond your ability. Cleverly eliminate options and choose the best one from the given options. As time management is very important in the exam, students need to take 10-12 mock exams to get familiar with the real exam. The next step is to analyze the exercise and identify strengths and weaknesses.
How to prepare CUET 2022
How to prepare CUET 2022
The government has recommended that the Common Universities Entrance Test (CUET) be carried out. There will be 54 universities and colleges participating in CUET beginning with the 2022-2023 academic session.
This move to reduce pressure from higher courts in most major central universities has been in talks for a long time. However, the National Education Policy (NEP), which aims to introduce radical changes in the education installed in the country, has paved the way for the common entrance test.
There are currently 54 central universities in India including Delhi University (DU), Jawaharlal Nehru University (JNU), Banaras Hindu University (BHU), etc. that support CUET. There is a common entrance test for 13 newly established central universities in different states.
While the current CUET was conducted once a year in offline mode, the new project (CUET) will be conducted in online mode by the National Testing Agency (NTA). Initially, the test will be given once for the 2022-2023 academic session, but from subsequent years the test will be given twice a year, giving students the opportunity to improve their grades if necessary.
Considerations for CUET 2022
Each applicant should carefully review CUET universities before applying.
- Applicants must select a minimum of three CUET universities on the form.
- No university conversions will be allowed after submission of the application form. Therefore, it is recommended to carefully select the University of your Choice.
- In case an applicant wishes to apply for more than three CUET universities, he will have to pay additional Rs. 800 (350 rupees for SC/ST).
- To be admitted to the University of their Choice, students must apply to the selected CUET University.
- All CUET universities will be entitled to weight 50% of the CUET score. Therefore, students should prioritize CUET 2022 and begin full preparation immediately.
Preparation Tips for CUET Exam
Understanding the CUET Exam
Every entrance exam is different. The first step is to understand the exam you will be taking before jumping into “how to prepare for CUET?” This is also true for CUET. It will give you access to the best universities in the country; and therefore, it becomes imperative to understand the structure of the exam, in collaboration with the universities that participate in CUET.
Explore the CUET program
The next step is to develop an understanding of the CUET program. This will help you select the content you need to cover. Check the priorities and scores assigned to specific content. When you start the learning process, the fundamental point to cover is the CUET program itself. If you are not completely familiar with the program, you may not be able to distinguish between what to study and what not to study.
Create a Preparation schedule
Since the CUET is a ticket for admission to undergraduate courses at Central Universities, it is likely to be taken once the Council examinations have been completed. Undoubtedly, given the pressure and excitement around Class XII blackboards, attention will automatically shift to the curriculum, especially when exams are fast approaching.
Starting early is the first basic mantra for every exam. Create a plan where you can spend 150 minutes each day. Even during board exams, have a plan so you don’t lose momentum. Stick to the schedule and your routine and you will definitely progress on the exam.
Practice makes perfect
Did you know that athletes stay focused on training, even if there’s no event or tournament around the corner? It’s because they don’t want to lose focus when the moment of truth arrives. The same goes for a student preparing for entrance exams like CUET. It is essential to work on the concepts and write mock tests based on the exam pattern. These will help you understand your strengths and give you an idea of weak areas that can be worked on and improved.
Stay motivated
Motivation is important to overcome any obstacle, even an entrance exam. Think positive; understand how a successful entry will help shape your dreams and your career. Ask for advice. Connect with experts, if needed.
Important Revision Tips
Identify any areas you need to refocus on.
Make a strategic plan to cover these topics.
Review first the topics of the subject that are most difficult for you.
You can then opt for Mock Papers. This will help you manage time.
Review the previous year’s quiz and find out the important topics/questions.
Try to understand the pattern of the paper.
Continue to review your strengths before test day.
Herd immunity and COVID – 19
When the majority of the population is immunized against an infectious disease, Herd immunity provides indirect protection, or collective immunity, to those who are not immunized against the disease. For example, if 80% of a population is immune to a virus, four out of five people who meet someone with the disease will not get sick or spread it further.
Simply 70 to 90% of the population generally needs immunity to achieve herd immunity. Measles, mumps, polio, and chickenpox are examples of infectious diseases that were once very common, but are now rare in the United States because vaccines have helped develop collective immunity.
Sometimes we see outbreaks of vaccine-preventable diseases in communities where vaccination coverage is lower because they do not benefit from protection of the herd. For infections without a vaccine, despite the fact that many adults have developed immunity from a previous infection, the disease can still circulate among children and infect those whose immune systems are weakened. This has been seen in many of the above diseases before the development of vaccines. Other viruses like the flu mutate over time, so antibodies from a previous infection only offer protection for a short time, or the flu, it’s less than a year.
If SARS-CoV-2, the virus that causes COVID-19, is like other corona viruses that currently infect humans, we can expect infected people to be immune for months or even years, but probably not their entire lives. As with any other infection, there are two ways to achieve herd immunity.
A large part of the population is infected or receives a protective vaccine, it is likely that at least 70% of the population to be immunized against the protection of the herd. In the worst-case scenario, for example, if we do not move away physically or take other measures to delay the spread of SARS-CoV-2, the virus can infect this large number of people in a matter of months. It would overwhelm our hospitals and lead to high death rates.
At best, we maintain or even reduce current levels of infection until a vaccine is available. This will require a concerted effort by the whole population, with some level of continuous physical distancing for an extended period, probably a year or more, before a highly effective vaccine can be developed, tested and mass produced.
The most likely case is somewhere in between, where infection rates increase and decrease over time; we can relax social distancing measures when the number of infections decreases, and then we may need to implement these measures as the number increases again.
A prolonged effort will be required to prevent major epidemics until a vaccine is developed. Even then, SARS-CoV-2 could infect children before they can be vaccinated or adults after their immunity decreases. But it is unlikely in the long run that the explosive spread we are seeing now, as a large part of the population will be immunized in the future.
With some other diseases, such as chickenpox before the chickenpox vaccine was developed, people have sometimes been intentionally exposed as a means of achieving immunity. For less serious illnesses, this approach may be reasonable. But the SARS-CoV-2 situation is very different.
COVID-19 carries a much higher risk of serious illness and even death. The death rate for COVID-19 is unknown, but current data suggests that it is 10 times higher than for influenza. It is even higher among vulnerable groups such as the elderly and people with weakened immune systems.
Even if the same number of people end up infected with SARS-CoV-2, it is best to space them out over time to avoid overwhelming our doctors and hospitals. Faster is not always better, as we have seen in previous epidemics with high mortality rates, such as the 1918 influenza pandemic. Scientists are working hard to develop an effective vaccine. Meanwhile, since the majority of the population is not infected with SARS-CoV-2, some measures will be necessary to prevent explosive outbreaks.
Your Comprehensive Guide to the Common University Entrance Exam LLB (CUET LLB)
Delhi University to Launch One-Year Postgraduate Programme in 2026
CLAT 2025 Counselling Registration Window Closes Today
The Surge in Indian Students Studying Abroad | A Five-Year Analysis
IIM CAT Result 2024 | 14 Candidates Score Perfect 100 Percentile
AIBE 19 Exam 2024 | Complete Guide
NLSIU Bengaluru to Launch 3-Year BA (Hons) Programme in 2025 | Key Details
CUET-UG to Be Fully Online: Key Changes Announced by UGC
D.Pharma Course in India | Careers After Class 12th
The Draft UGC (Minimum Standards of Instructions in the Award of UG and PG Degrees) Regulations 2024 | A Comprehensive Overview
Hachalu Hundessa
More than 80 people have died in clashes with security forces in Ethiopia after the murder of the famous singer Hachalu Hundessa. The musician was shot dead by unidentified assailants in the Galan Condominium area of the capital Addis Ababa. The reason for the murder is unclear. Local police arrested some people in connection with the case.
A Human Rights Watch report said the government cut off internet services across the country on Tuesday morning, making it difficult to access information about those killed and injured during the protests.
- Significantly, just before his death on June 22, Hundessa granted an interview to the Oromia Media Network (OMN), which had caused outrage on social media.
- During the interview, he criticized the government and spoke out against the marginalization of his community, the Oromos.
- After his death, the police searched OMN and several journalists were arrested. Jawar Mohammed, owner of the network, was also arrested. Hundessa was buried Thursday in her hometown of Ambo.
Hachalu Hundessa, 34, was a musician and activist. Born in the Oromo community, he sang his fight for freedom. The Oromo community is the largest ethnic group in Ethiopia and represents more than 50% of the country’s population.In a 2017 BBC interview, Hundessa said he started writing songs when he was jailed for political activities between 2003 and 2008.
“I didn’t know how to write lyrics and melodies until I was behind bars. This is where I learned,”
he said.
- Hundessa gave voice to the anti-government protests that erupted in 2014 and culminated in the resignation of Prime Minister Hailemariam Desalegn in 2018.
- The protests began after the government announced a plan to expand the limits of the capital in the Oromia region.
- The community feared that the Expansion would displace farmers living on the outskirts.
- While the plan, called the “Addis Ababa Master Plan,” was eventually abandoned, the protests continued, signaling the growing frustration of the ethnic group that felt marginalized by the government.
- Anti-government protests have also erupted in the Amhara region, where there is another ethnic community called the Amharas.
- Tensions in Oromia and Amhara intensified after October 2, 2016 when, during the Thanksgiving break in Oromo, more than 55 people died in a stampede.
- Following the outbreak of new protests after the incident, the government declared a state of emergency and established a special unit to “rehabilitate” those who had been arrested for participating in acts of violence or riots in the past year.
- According to Amnesty International, following the events of October 2016, government security forces arrested tens of thousands of people in Amhara and Oromia, among other regions.
- Those arrested included, among others, political activists, protesters, journalists and members of the Human Rights Council.
- In 2018, Abiy Ahmed succeeded Desalegn to become the first prime minister of the Oromo community.
- Ahmed won the Nobel Peace Prize in 2019 for his efforts to resolve the border dispute with neighboring Eritrea.
- A recent report published by Amnesty states that despite reforms that have resulted in the release of thousands of detainees after Ahmed’s Prime Minister, Ethiopian security forces committed “serious” violations between December 2018 and December 2019.
- The Report says that since March 2019, security officers have forcibly evicted more than 60 families from the Oromia Est and Ouest Guji areas.
- He added that to mobilize support before the now postponed elections, politicians tried to provoke ethnic and religious animosities, “causing inter-community violence and armed attacks in five of the country’s nine regional states.”
H-1B Visa Paused
The US administration has extended the 60-day ban on immigration and non-immigrant worker visas until the end of 2020. These Popular work visas, including the coveted H-1B and H-2B, and certain categories of H- 4, J and L will also remain suspended until December 31. The measure, said United States President Donald Trump, aimed to protect domestic workers who had been affected by a downturn in the economy following the Covid-19 pandemic.
H-1B, H-2B, L and other work visas
To fill a void of highly-skilled, low-cost employees in IT and other related fields, the U.S. administration issues a series of visas each year, allowing companies outside the United States to ”send employees to work on customer sites. Of these work visas, the H-1B remains the most popular among Indian IT companies.
The United States government has a limit of 85,000 H-1B visas in total per year. Of this number, 65,000 H-1B visas are awarded to highly-skilled foreign workers, while the remaining 20,000 can be granted to highly-skilled foreign workers who have a higher education or a master’s degree from a U.S. university.
In addition to H-1B visas, the US government also issues L1 visas that allow companies to transfer highly skilled workers to the US up to seven years. H-2B visas allow food and agricultural workers to seek employment in the United States.
Background of US suspension of non-immigrant worker visas
Since its inception in 1952, the H-1 visa regime has undergone numerous changes and revisions to allow or reject certain categories of skilled workers in the United States, depending on the economic situation of the country.
The rise of technology, coupled with the advent of the Internet and low-cost computers in developing countries like India and China, has seen a large number of graduates willing to work at relatively low costs to United States. A beneficial situation for both the employer and the employer and the employee since then.
However, it has been criticized for sending low-cost workers to the United States at the expense of domestic workers. In January 2017, after taking office as President of the United States. In the United States, Trump had suggested that low-cost workers were hurting the economy and sinking jobs for citizens.
The United States then alluded to the reform of the H-1B “broken” visa system. Trump took advantage of the opportunity offered by the economic contraction due to Covid-19 by first prohibiting the entry of non-immigrant workers until June 23, and then extending it until December 31.
In his executive order which extended the ban, Trump said that even if it happened under normal circumstances. In these circumstances, “properly managed temporary worker programs can bring benefits to the economy.” The extraordinary economic contraction created by Covid-19 posed a threat. for American workers.
What does it mean?
Since the ban takes effect immediately, processing of all new categories of H-1B, H-2B, J, and L visas is suspended. This means that those who do not have a valid nonimmigrant visa by 23 June and who are outside the United States may not enter the country until December 31, and your entry is decided by the consular officer of the immigration services. Holders of H-1B, H-2B, J, and L visas, as well as their spouse or children already present in the United States will not be affected by the new worker visa ban.
Its impact on Indian IT companies
Indian IT companies are among the main beneficiaries of the US H-1B visa regime of United States since 1990, they have captured a large part of the total number of visas issued each year.
As of April 1, 2020, the U.S. Citizenship and Immigration Services. United States (USCIS) had received approximately 2.5 lakh H-1B work visa applications, according to official data.
The Indians had requested up to 1.84 lakh or 67% of the total H-1B work visas for the current fiscal year ending in March 2021. In addition to the suspension of these work visas, the decree signed by Trump has also made radical changes.
The H-1B work visa rules, which will no longer be decided by the lottery system currently in force. The new rules will now favor highly skilled workers for whom their respective companies pay the highest wages.
This could have a significant impact on the margins and wages of workers at Indian IT companies who send thousands of low-cost workers to work on customer sites in the United States.
Although large Indian IT companies have reduced their dependence on H-1B visas and other worker visas by hiring up to 50% of local staff, they still rely on these visas to control costs. Indian IT companies also offer subcontracts to Indian citizens already in the United States with valid H-1B visas. Bangalore-based Wipro spends up to 20% of its revenue on outsourcing Indian workers with valid H-1B visas.
Affected visa categories
- H-1B: The United States grants 85,000 H-1B visas every year to ‘high-skilled’ workers, often in the technology industry. They are generally valid for up to six years. In fiscal year 2019, the Department of State issued 188,123 H-1B visas for both new applicants and renewals. Some 131,549 were for Indian citizens, followed by 28,483 for mainland Chinese citizens. Only 143 H-1B visas were issued in May 2020, compared with 13,678 in May 2019, according to Department data.
- H-2B: H-2B visas are for seasonal non-agricultural labor. The United States issues 66,000 per year, although it sometimes grants additional visas based on demand. They are generally valid for up to three years and are popular in industries like food processing, hotel work, and landscaping. In fiscal year 2019, the Department of State issued 97,623 H-2B visas for both new applicants and renewals. Some 72,339 were for Mexican citizens.
- H-4: H-4 visas are for the spouses and children of H-1B and H-2B holders. The proclamation does not explicitly address them, but does restrict entry for “any alien accompanying or following to join” restricted categories. They are valid for the duration of the H-1B visa. In fiscal year 2019, the Department of State issued 125,999 H-4 visas. Some 106,162 were for Indian citizens, followed by 5,701 for mainland Chinese citizens.
- J-1: J-1 visas are for cultural and educational exchange. The order applies to J-1 holders “participating in an intern, trainee, teacher, camp counselor, au pair, or summer work travel program.” They are valid for up to seven years, depending on program type, and there is no annual cap. In fiscal year 2019, the Department of State issued 353,279 J-1 visas for both new applicants and renewals. Some 39,920 were for mainland Chinese citizens, followed by 18,349 for citizens of Great Britain and Northern Ireland, and 17,591 for German citizens.
- J-2: J-2 visas are for the spouses and dependents of J-1 holders. It is valid for the duration of the J-1 visa. The Department of State issued 38,282 J-2 visas in fiscal year 2019, with 10,228 going to mainland Chinese citizens.
Your Comprehensive Guide to the Common University Entrance Exam LLB (CUET LLB)
Delhi University to Launch One-Year Postgraduate Programme in 2026
CLAT 2025 Counselling Registration Window Closes Today
The Surge in Indian Students Studying Abroad | A Five-Year Analysis
IIM CAT Result 2024 | 14 Candidates Score Perfect 100 Percentile
AIBE 19 Exam 2024 | Complete Guide
NLSIU Bengaluru to Launch 3-Year BA (Hons) Programme in 2025 | Key Details
CUET-UG to Be Fully Online: Key Changes Announced by UGC
D.Pharma Course in India | Careers After Class 12th
The Draft UGC (Minimum Standards of Instructions in the Award of UG and PG Degrees) Regulations 2024 | A Comprehensive Overview
GUJCET 2023
Gujrat Common Entrance Test (GUJCET) 2023, Registration starts on 6th January 2023. Interested candidates can check the eligibility criteria and apply on the official website: gujcet.gseb.org.
The Gujarat Board of Secondary and Tertiary Education (GSEB) will launch the online application process for the Gujarat Common Entrance Test (GUJCET) 2023 from 6th January. Interested candidates can check their eligibility and apply on the official website: gujcet.gseb.org.
The application process will begin from January 6 to 20. The exam date has not yet been released by the board. Candidates will be required to pay an application fee of Rs 350 to apply for the exam. These fees can be paid online using the SBIePay system using a credit card, debit card, or online banking method. These fees can also be paid using SBI Branch Payment’s SBIePay option.
GUJCET 2023: How to apply?
- Step 1 – Visit the official GSEB website: gujcet.gseb.org.
- Step 2: On the home page, click on the link “GUJCET Application 2023” and register. Step 3: Enter the credentials to log in.
- Step 4: Complete the application form
- Step 5: Upload the required documents
- Step 6: Make the application form payment and upload the receipt
- Step 7: Submit the application form.
- Step 8 – Download the confirmation page and save it for later use.
The final dates of the exam will be communicated to the candidates through the official website of the jury. Candidates are advised to regularly check the official website: gujcet.gseb.org for further updates and instructions.
Read Also:
GST Compensation to states
Fifteen days after the Center detailed two options for states to borrow to offset the compensation deficit of Rs 2.35 lakh crore this budget under the goods and services tax (GST) regime, a total of 12 States, in their majority, made up of states ruled by the BJP, opted for option 1 – borrow Rs 97,000 crore through a special window provided by the RBI.
- Bihar, Gujarat, Haryana, Karnataka, Madhya Pradesh, Meghalaya, Tripura, Uttar Pradesh and Uttarakhand are the states ruled by the BJP and its allies which have chosen option 1, while three states not ruled by the BJP: Odisha, Andhra Pradesh and Sikkim: also chose option 1.
- Other states not led by the BJP, including Kerala, Punjab, West Bengal, Delhi, Tamil Nadu and Chhattisgarh, instead of expressing a preference of option, presented their views to the Minister of Finances, who is also Chairman of the GST Council, and still is to decide on options, finance ministry officials said.
- Only one state, Manipur, has so far opted for Option 2, which is to borrow the entire market clearing gap, while six other states – Goa, Assam, Arunachal Pradesh, Nagaland, Mizoram and Himachal Pradesh – will appeal to their option in one day or two, officials said.
- Several states not led by the BJP did not agree with the Center to borrow from them to close the pay gap.
- Senior ministers from non-BJP-led states in West Bengal, Kerala, Delhi, Telangana, Chhattisgarh and Tamil Nadu have written to the Center to oppose options forcing states to borrow to close the gap.
- Instead, they asked the Center to lend him. States have also expressed concern that the distinction between loss of revenue due to the implementation of the GST and the Covid-19 pandemic is unconstitutional.
- However, the Center said it was unlikely that any loans would be taken out given the impact it would have on the yields on its government securities and also noted that since repayment must be made with receipts from compensation, he cannot borrow because the cessation is a dedicated resource. to the states.
- The issue of outstanding compensation is expected to be discussed at the next 42nd GST Council meeting, which was previously scheduled for September 19, but has now been postponed to the first week of October.
- At the previous GST board meeting held on August 27, the Center offered states two options; borrow Rs 97,000 crore (deficit only due to the implementation of the GST) from a special accountant provided by Reserve Bank of India (RBI) or the total deficit of Rs 2.35 lakh crore (including Rs 1.38 lakh crore missing due to the Covid-19 pandemic market.
GST Compensation conflict
- On Tuesday, the Center allowed 20 states to raise ₹ 68,825 crore through open market loans to fill the GST income gap.
- The decision was made a day after the GST Council meeting failed to reach consensus on the deadlock in the Center’s proposal that states borrow against future GST collections to fill the gap.
- The projected total compensation deficit in the current tax is Rs. Rs 2.35 million lakh.
- In August, the Center gave states two options: to borrow Rs. 97,000 crore from a special window provided by RBI or Rs 2.35 crore lakh from the market.
- They had also proposed extending the compensation rate imposed on luxury, disability and sin products beyond 2022 to repay the loan.
- The Expenditure Department of the Ministry of Finance has authorized 20 states to collect Rs. An additional 68,825 crore through open market loans, an official statement said Tuesday.
- “An additional debt permit at a rate of 0.50% of the state’s gross domestic product (PIBD) has been granted to states that have opted for option 1 of the two options suggested by the Ministry of Finance to cover the deficit derived from the implementation of the GST ”, they said.
- At the GST Council meeting on August 27, he said, these two options were raised and subsequently communicated to states on August 29.
- Twenty states gave their preferences for option 1. These states are: Andhra Pradesh, Arunachal Pradesh, Assam, Bihar, Goa, Gujarat, Haryana, Himachal Pradesh, Karnataka, Madhya Pradesh, Maharashtra, Manipur, Meghalaya, Mizoram, Nagaland, Odisha, Sikkim, Tripura, Uttar Pradesh and Uttarakhand. Eight states have not yet exercised an option, ” they said.
- Your Comprehensive Guide to the Common University Entrance Exam LLB (CUET LLB)
- Delhi University to Launch One-Year Postgraduate Programme in 2026
- CLAT 2025 Counselling Registration Window Closes Today
- The Surge in Indian Students Studying Abroad | A Five-Year Analysis
- IIM CAT Result 2024 | 14 Candidates Score Perfect 100 Percentile
